MarketsMOJO Downgrades Ram Info to 'Sell' Due to Weak Fundamentals and Flat Results

Ram Info, a microcap IT software company, has recently received a 'Sell' rating from MarketsMOJO on April 4th, 2024. This downgrade is based on the company's weak long-term fundamental strength, with a 10.54% CAGR growth in net sales over the last 5 years. Additionally, the company's results for December 2023 were flat, and its inventory turnover ratio for the half-year was at its lowest at 0.00 times.
Other factors contributing to the 'Sell' rating include the stock being in a mildly bullish range and its MACD and Bollinger Band technical factors also being bullish. However, with a return on equity of 16.9, the stock does have an attractive valuation with a price to book value of 2.8. It is worth noting that the stock is currently trading at a premium compared to its average historical valuations.

In the past year, Ram Info's stock has generated a return of 43.11%, but its profits have fallen by -14%. The majority shareholders of the company are non-institutional investors. Overall, the downgrade to 'Sell' by MarketsMOJO suggests caution for investors considering investing in Ram Info.